Golden Arrow Resources Corp Stock Is Crashing Now

October 31, 2016October 31, 2016Richard Conner

The stock of Golden Arrow Resources Corp (CVE:GRG) is a huge mover today! The stock decreased 3.85% or $0.03 on October 31, hitting $0.75. About 326,180 shares traded hands. Golden Arrow Resources Corp (CVE:GRG) has risen 6.00% since October 1, 2016 and is uptrending. It has outperformed by 2.53% the S&P500.
The move comes after 9 months negative chart setup for the $69.87M company. It was reported on Oct, 31 by Barchart.com. We have $0.68 PT which if reached, will make CVE:GRG worth $6.99 million less.

More notable recent Golden Arrow Resources Corp (CVE:GRG) news were published by: Seekingalpha.com which released: “Betting On A Joint Venture Between Golden Arrow Resources And Silver Standard …” on May 16, 2016, also Reuters.com with their article: “BRIEF-Golden Arrow Resources to acquire 100 pct interest in Antofalla proj…” published on July 11, 2016, Seekingalpha.com published: “Why Did Silver Standard Resources Acquire A Small Stake In Golden Arrow Resources?” on June 13, 2015. More interesting news about Golden Arrow Resources Corp (CVE:GRG) were released by: Seekingalpha.com and their article: “Golden Arrow: Chinchillas Could Be Less Attractive For Silver Standard …” published on September 22, 2015 as well as Marketwatch.com‘s news article titled: “Golden Arrow Initiates Next Phase of Drilling in Pre-Development Program at …” with publication date: May 25, 2016.

Golden Arrow Resources Corporation is an exploration-stage company. The company has a market cap of $69.87 million. The Firm is a junior mineral exploration firm engaged in the business of acquiring, exploring and evaluating natural resource properties. It currently has negative earnings. The Company’s properties are located in Argentina and include approximately 214,000 hectares in over four provinces.